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Disclosure: I work at Google.

Hmm. Do you count Fi, Flights, and Hardware in that category? (Particularly Nest, Home and Pixel).

One could argue that some longer term plan for Home is ads/cross-sell, but let's just focus on whatever the hardware sales turns out to be. I don't think those need to be on the scale of Apple's or Samsung's revenue to be considered as not "doing badly".

Similarly, I assume (but have no knowledge!) that Flights is mostly a referral business. That's not "ads" to me in the same classic sense. That is I've never heard anyone refer to Kayak as "ad-supported".



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